Archive | July, 2009

SINGAPORE: Bumi Armada’s second FPSO headed for Nigeria operations

(EnergyAsia, July 30, Thursday) — Malaysia’s Bumi Armada Bhd, owner and operator of the country’s largest fleet of offshore vessels, said its second floating production, storage and offloading (FPSO) vessel, the Armada Perdana, has set sail to operate in offshore Nigeria.  The company held a sail-away ceremony for the 1988-converted vessel at the Keppel Shipyard […]

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RUSSIA: OPK claims building world’s first floating nuclear power plant

(EnergyAsia, July 22, Wednesday) — Russia’s United Industrial Corporation (OPK) said it has started work at its St. Petersburg shipyards to build the world’s first nuclear power plant. OPK, one of Russia’s largest diversified corporations managing more than 300 billion roubles worth of assets, said it signed a contract with state-owned nuclear power company Concern […]

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MARKETS: CME ClearPort marked seven years of OTC clearing last month

(EnergyAsia, July 13, Monday) — Chicago, US-based CME ClearPort marked its seventh anniversary last month serving as the clearance house for over-the-counter trades in 700 energy, metal and agricultural commodities around the world. CME ClearPort, which helps customers around the world mitigate their counterparty credit risks, now handles 700,000 transactions per day, and expects the […]

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SINGAPORE: CDL unveils Asia Pacific’s first carbon neutral building

(EnergyAsia, July 10, Friday) — One of Singapore’s largest real estate companies, City Developments Limited (CDL), is increasing its profile as a green developer with the launch of a certified carbon-neutral building, possibly the first in the Asia Pacific region. The newly-completed 11 Tampines Concourse office block was given its green status by UK-based Carbon […]

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